Bitcoin Short Term Buy IdeaH4 - Bullish trend pattern
Currently it looks like a pullback is happening
Until the strong support zone holds my short term view remains bullish here.
Bitcoinforecast
BITCOIN. HIDDEN FACTS ON. (BTCUSD)We don't see a drop in Bitcoin .
There is no money or investment that falls forever.
Unless Of course the system crashes.
I do not give investment advice.
As soon as it breaks 28800, they will try to blow up all the crypto.
Stop-Sell = 27999 Don't worry, sell it.
Supported.
33000 (buy %5)
31900 (buy %5)
31000 (Buy %10)
30200 - (Buy %15)
29400 (Buy %15)
28800 - Last Level
27999 - Short. ( %50)
2*300 - Short Closed ?
There is no such thing as coincidence.
Tschüss!
BTC → Bitcoin to $40,000? Or to $80,000? Let's Answer.Hello everyone, I am back! I spent the last couple of months finishing the trading course, which is now live. With that project complete, I am back to the analysis!
My Bitcoin Weekly analysis has not dramatically changed since March 25th. Bitcoin is now staring at the $65,000 to $74,000 resistance zone. A double top has formed after three pushes up, and we have closed below the Weekly 30EMA.
How do we trade this? 🤔
We ought to be looking for a long entry since Bitcoin is bullish on this timeframe. We now have three completed pushes toward the upside ending with a double-top in the resistance zone, we need to at least wait for a two-legged pullback toward the Support Zone between $40,000 and $45,000. Once successful signal and confirmation candles close above the Weekly 200EMA, it's reasonable to enter a long position at a 1:2 Risk/Reward ratio. Stop loss should be set below the Weekly 200EMA at $32,350, the first take profit at 1:1 Risk/Reward at $51,600 where the stop loss is moved to your entry price, then the final take profit at $61,300 before the Resistance Zone at $65,000.
💡 Trade Idea 💡
Long Entry: $42,000
🟥 Stop Loss: $32,350
✅ Take Profit #1: $51,600
✅ Take Profit #2: $61,300
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three pushes up into the Resistance Zone at $65,000 - $74,000
2. Double-top reversal pattern completed inside Resistance Zone
3. Weekly close below the 30EMA, more confirmation of a pullback
4. Wait for a two-legged pullback toward the 200EMA in the Support Zone between $40,000 and $45,000
5. RSI is near 49.00 and below the Moving Average. Wait for contact and a final drop toward 40.00 in concurrence with the price action to enter.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Magnetic Fields (Part 2)At the architecture faculty, I was taught that if it looks ugly in a project, then it won’t work. So this is another clear example of how events can unfold in the future. Given the exponential trend, we can assume that without the current stop Bitcoin price would have already reached $150k. But since this hasn't happened yet, the start of the swift rise period is clearly moving to the second half of 2025. Looking at this optimistic scenario, we can see that the resistance and support exponents each have their own magnetism and the price always made sharp falls after reaching the highs and a smooth rise untill excitement begins. So this time, it is quite likely, and ideally necessary, for the price to fall below the (orange) median expected in this case. I understand that the trends of the desired and the actual may differ and therefore I try to be objective. However, one way or another, the clarity of the picture speaks for itself.
A related idea (part 1) has a less optimistic outlook.
Bitcoin to $100kIn October 2025, I think Bitcoin will hit $100k before retracing back to around the $60k mark (previous highs become new resistance).
Over the last few cycles, we can see a pattern form -- highlighted by the coloring of the squares that make up each period in the cycle. There are three such periods.
The purple box is the draw-down from the previous high a.k.a. the fear cycle. The yellow box is mid-cycle, where buying pressure starts building and we have several large shorter-term retracements. The green box is the greed cycle -- when everyone and your grandma wants in.
We're still in the yellow, which means there's a strong possibility of returning to the $50k or even $40k levels in the shorter term.
I predict the top of this bull run will be somewhere between mid-October to mid-November 2025, which means there is still plenty of time to keep buying.
Good luck!
BITCOIN will deceive sellers and rise to $73,000!Yesterday's inactivity of sellers in the $64500 range gave a chance for a local wave of growth for bitcoin and the entire cryptocurrency market.
⚡️ In our previous idea , we wrote about the failure rate of the $64500 range:
💥 On the 12-hour timeframe, sellers failed to break through the 64500 range for 5 candles. And growth after such a failure should be aggressive.
On the 4hr timeframe, yesterday's weakness of the sellers was well worked out:
The BTC price failed to gain a foothold below the 64800 mark , and the local growth of bitcoin continued.
⚡️ The USDT dominance indicator broke the trend line down:
If the USDT dominance does not rise above 4.9% today, we expect a drop to 4.6%. This is the most modest target at the moment.
The BTC dominance chart has yet to break through the 55% mark. There is a feeling that the BTC dominance nightmare is not over, despite the clear signals of a drop on the daily timeframe:
💎 Therefore, today we expect such feats from customers:
✅Not to lose control of 65100
✅To develop the trend line from June 7 upwards and test the 67300 mark
For now, the main scenario is growth to 70000 and the recovery of altcoins.
💎If you are interested in the forecast of other cryptocurrencies , write their names in the comments!
Bitcoin Halving Timeline- The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 bitcoins.
- this is a different view of using Bollinger Bands, when Bands are drastically falling, Bullrun is starting.
- i took as timelines the older bullruns. ( 21 bars - 25 bars )
- Take it easy, logic is still a theory.
- Patience will reward.
Happy Tr4Ding !
Bitcoin: BBW Squeeze ReturnBitcoin experiencing its tightest Weekly Bollinger Band Width squeeze since 2012.
But before we dive into this, let's take a moment to get to know Bollinger Bands , which are a common tool in trading. These were created by John Bollinger back in the early 1980s to help us understand price volatility better.
So, what makes up Bollinger Bands?
If you'd like a visual, check this out:
- The Middle Band: Typically, it's a 20-period simple moving average (SMA).
- The Upper Band: This one is calculated by adding twice the 20-period SMA's standard deviation to the middle band.
- The Lower Band: And the lower band is found by subtracting twice the 20-period SMA's standard deviation from the middle band.
Now, let's talk about the Bollinger Band Width.
You can see it here:
This Width essentially measures the gap between the upper and lower Bollinger Bands. If it's narrow, it means low volatility, and if it's wider, it suggests higher volatility.
Okay, back to Bitcoin and its Weekly Bollinger Band Width Squeeze.
This recent phenomenon means that Bitcoin's weekly price volatility has tightened, reaching levels not seen since 2015-2016
So, what does this tightening mean? It implies that Bitcoin's price movements are getting more constrained, which might indicate that significant price swings are on the horizon. The last time Bitcoin went through such a squeeze was almost a decade ago, and it resulted in prices skyrocketing from $750 all the way up to $19,900.
For traders and investors, low volatility might seem uneventful, but it often comes just before big market shifts. Keep a close eye on things as those Bollinger Bands start to widen out; Bitcoin could be gearing up for some noteworthy price action.
To sum it up, Bitcoin's tightest Weekly Bollinger Band Width squeeze since 2012 hints at potential price increases. As traders gear up for what's next, it's a reminder that these calm periods can often lead to some pretty exciting opportunities.
#BTCUSD- 40000 TARGET IS LIKELIHOOD -Hello Traders, Price had consolidated for a longer period and recently it broke out due to a strong bullish momentum, recent price action indicated that we are on the verge of reversal on #btcusd.
what do you think?
Bitcoin Pump and Dump ZonesBINANCE:BTCUSDT BITSTAMP:BTCUSD
I remain bullish. We might bounce between the $21-27k fibonacci lines and the "main" triangle for a while but we may also see a pump/dump breakout in the coming weeks (should the price decide to go out of the main triangle). Anything above $25k makes me certain that a weekly bull market is very probable . Below $21k is no mans land. I won't buy in the danger zone. In the event of a breakout above the Ichimoku Cloud; I am expecting another 10-11% rise in price from now, should we pass the pump breakout triangle.
Above $27k = $30k very probable.
Last time we made 11.88%:
I will keep everyone updated on my twitter (see profile)
This is not investment advice, trading advice or other kinds of advice.
An In-depth Look at the Bitcoin Halving History and 2024 A Brief Overview of Previous Bitcoin Halving & Its Effects on the Market
Bitcoin halving is an event that occurs every four years and halves the reward for miners who successfully mine a new block.
The Bitcoin protocol is heavily reliant on a concept known as mining. Mining is an essential part of the Bitcoin network and this is the process of verifying transactions on the Bitcoin blockchain, and has a significant impact on the Bitcoin market, as it affects the supply and demand of the Bitcoin.
The first halving of Bitcoin occurred in 2012 and marked a major milestone in the cryptocurrency's history. Halving process reduces the amount of new Bitcoins created and released into circulation every 10 minutes, thereby reducing inflation and increasing the scarcity of Bitcoin. The halving event was seen as a bullish sign for the future of Bitcoin, as it suggests that demand for the digital currency is increasing while supply is decreasing.
The rest of halvings in 2016 and 2020 Bitcoin price was followed by a pre-event and post-halving bullish rally which saw Bitcoin prices soar to all-time highs in 2017 and 2021 respectively.
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What are Predictions for the Future Effects of 2024 Year's Bitcoin Halving on Prices?
The Bitcoin halving of 2024 will be one of the most anticipated events in the cryptocurrency world. It is expected to have a major impact on the price of Bitcoin, and many experts are predicting that it could result in a significant increase in its value. It is important for investors to understand how this event is affecting the market so that they can make informed decisions about their investments.
As we approach the Bitcoin halving, it is important to understand what it means and how it will impact the cryptocurrency market. 2024 year's halving will reduce the reward for miners from 6.25 BTC, the next block reward will be 3.125 BTC per block mined, which could have a significant effect on the price of Bitcoin and other cryptocurrencies. To prepare for this, investors should be aware of potential changes in market dynamics, such as increased FOMO stimulus, sudden price volatility prior to halving.
The halving events of Bitcoin have been divided into sectors in a chart to provide an insightful look into its history. It is interesting to note that each halving event is marked with a unique color, starting with number 0. This chart also provides a glimpse into the changes in Bitcoin's value during these events 1-2-3, and how they have impacted the growth of Bitcoin
1 Rising phase (2013, 2017, 2021)
2 Crash phase (2014, 2018, 2022)
3 Bottom Phase (2015, 2018, 2023?)
According to this trend we can expect that 2023 is the Bottom phase of the cycle, and is likely to see prices double as investors look to make profits on the increasing scarcity of Bitcoin. After this, it's likely that we'll experience a rapid rise back towards new All-time Highs (ATH), as investors FOMO to take advantage of the increased demand.
The bitcoin halving of 2024 will be a pivotal moment. After the halving, the amount of newly mined bitcoins will be reduced by half and this could lead to a significant change in the Bitcoin price. This may have both positive and negative implications for the value of bitcoin, however it might be a pure math of Supply and Demand.
Best regards
Artem Shevelev
Twenty-Five Thousands Dollars Bitcoin GuardianThis guy deserves to be there, considering all he did in defending tens of thousands back in the day.
#BTC/USDT Update#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA.
The third EMA is around $58.3k, The level I've been talking about in my previous updates.
The weekly close will provide more clarity.
Stay tuned, I'll keep this chart updated.
Thank you
#Bitcoin is looking very Bullish still. I see Buy 0.6, 0.5, 0.3 Simple channels have formed, while volume is down, we are in a short term correction and looking at good buy points to take long.
BTC → Bitcoin Back to $38,000? Or to $138,000? Let's Answer.Bitcoin has deviated from its historical price action tendencies and reached new all-time highs before the bitcoin halving and without touching lifetime support! Does that mean we will continue to go up?
How do we trade this? 🤔
Bitcoin is clearly at a crucial moment in the market, breaking beyond the previous $69,500 all-time high and reaching just shy of $74,000. Without surprise, Bitcoin is facing some resistance in this area as the bulls take some profits and the bears lurk waiting for a solid sell candle.
At this stage, we do not have a sell candle to justify a short. My previous analysis called for a 30% pullback or more between the $45,000 and $55,000 area if the proper sell candle and confirmation bars showed themselves, we never received those candles. I am still in the same mindset; be on the lookout for a major pullback, but wait for the proper sell and confirmation to short. Long scalp on the smaller timeframes, 5m or 15m until the price action no longer justifies it.
I believe the more lucrative opportunity will show itself after a major pullback occurs to the $38,000 price area. This area provided great trade volume and has acted as support and resistance several times in the past few years. It's reasonable to believe this will be a solid floor for Bitcoin. The hard lifetime support floor is approximately $25,000 leading into 2025, but I think it's unlikely at this point to see such a pullback. $38,000 is the more likely support level as that should coincide with the Weekly 200EMA later this year/early next year if the price is to fall that far. We also have to consider that the price may not fall below the Weekly 30EMA or come near the Weekly 200EMA and should be looking for a buy signal at any of these support zones.
For now, I would long trade the smaller timeframes and be on the lookout for the sell signal candle on the weekly chart.
💡 Trade Idea 💡
Long Entry: $42,000
🟥 Stop Loss: $25,000
✅ Take Profit #1: $69,000
✅ Take Profit #2: $110,000
⚖️ Risk/Reward Ratio: 1:4
🔑 Key Takeaways 🔑
1. At previous all-time high resistance, not ideal long entry on Daily or Weekly timeframe.
2. Wait for sell signal on Daily or Weekly timeframes to enter a short.
3. Target Weekly 30EMA, 200EMA, and previous high volume area for support.
4. Long at $42,000 after a strong buy signal off of the high volume area, target 1:4 Risk/Reward and take half of the position off the table at $69,000, move stop loss up to entry and swing the latter half of the position to the $110,000 area.
5. RSI is overbought near 85.00 which supports a pullback and hesitation to long.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Bitcoin (BTC) Analysis: Pullback Signals ReversalBitcoin (BTC) experienced a notable pullback in the past week, sparking concerns among traders and investors. However, recent price action suggests a potential reversal is underway, offering opportunities for traders in the cryptocurrency market.
Technical Analysis:
Price Movement: BTC witnessed a retracement in its price over the past week, reaching key support levels.
Reversal Signals: Recent price action indicates signs of a reversal, with BTC showing resilience and bouncing back from support levels.
Key Levels: Critical support and resistance levels are being closely watched, offering insights into potential price movements.
Market Sentiment:
Investor Confidence: Despite the pullback, investor confidence in Bitcoin remains strong, as evidenced by ongoing institutional interest and positive sentiment in the crypto community.
Volatility Opportunities: The recent pullback has created opportunities for traders to capitalize on heightened volatility in the cryptocurrency market.
Trading Strategy:
Buy Opportunities: Traders may consider entering long positions as BTC shows signs of reversal, targeting key resistance levels.
Risk Management: Implementing proper risk management strategies is crucial in volatile market conditions, helping traders mitigate potential losses.
Bitcoin analysis
Cryptocurrency market
Crypto trading
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BTC 1W RSI1W RSI is hovering in an area that historically preceded huge ROI for long term buyers.
It happened in Jan 2015, Dec 2018, Mar 2020. Well, indeed, few points down from here could even show a 20k BTC eventually.
But I've been here don't we? Then how could we handle the top if this height is scary enough? 😘
KR
BITCOIN NEW ALL TIME HIGHManipulation is hidden this time. If you put your elliot wave count or even traditional ta you will find there is one more leg to go at least. So i expect a deflationary bust in 2023 inducting masses to buy the retest of the breakout.
Crypto Market Cap REACHED $1 TRILLION . buy before its too lateHello there, it's been a long time since I updated my @TradingView page. All of my prior market updates hit their targets, and the market is presently hovering at favorable buying positions for mid-term and long-term investors. It's still a risky zone to go all-in, but we may try a few entry for a fraction of our portfolio.
I believe the crypto market will return right here at 1T market cap and rise to 2T market cap. This means that all altcoins/tokens will grow at least 2-3x from their present levels.
I believe the market is not prepared for another bull run since all investors who joined the market on the downtrend will exit at possible breakeven. This will lead the market to drop from 2T (or close to it) to 1-1.2T.
Stay safe, peace out!
Best regards
Artem Shevelev
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Bitcoin looks bearish for 2022?I know, even in my chart, #BTC is in beartrend risk-zone.
Still, i am bullish AF.
Why?
Beartrend risk-zone can indicate also a good buy moment, while the zone signalled often a trend change.
If you check on-chain data, inflation and the rising of authoritarian states, i cant believe how cheap BTC still is.
I know that, when majority of the people lost hope (i think its happening now), number will soon go up.
We could see a huge Q1 + Q2 2022 on #Bitcoin (+150-500%) and also huge gains on #altcoins
BTC alarming volume decrease?We need volume. Fast. But maybe it is just a trap..
But what if, if the big boys trade OTC, and they accumulating? Glassnode says so. Glassnode shows accumulating and shortage incoming!
What you think?
